Word: posner
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Dates: during 1980-1989
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...another University of Chicago product who is given a good shot at the high court is Richard Posner, a professor at the law school whom Reagan put on the Federal Court of Appeals in Chicago. Posner, 45, a believer in free-market forces, would eliminate the exclusionary rule on the ground that barring evidence in criminal trials is economically inefficient, regardless of whether it was obtained illegally...
Bork, Scalia and Posner are all aggressive conservatives who would challenge the liberal assumptions of many Supreme Court rulings. But they are not knee-jerk ideologues. Bork, for instance, has made it clear that judges should respect precedent even if they disagree with...
Smulyan and other second year public policy students Joanne Markasy and Lisa Posner founded the organization last year, forming a support base for students through brown bag lunch discussion groups and attempts to recruit more women to the school. Since then, its concerns have broadened to include faculty hiring, admissions and community affairs...
Some peace overtures were also made in the merger wars last week. The board of soft-drink producer Royal Crown Cos. reversed itself and agreed to recommend that stockholders accept a $40-a-share bid by Florida-based Investor Victor Posner unless a better offer comes along. Posner, an aggressive and frequently feared accumulator of big blocks of corporate stock, controls more than 26% of Royal Crown's shares. Separately, a Castle & Cooke-led group dropped its efforts to swallow Dr Pepper, another beverage company, which is planning to sell out to Forstmann Little & Co., a private investment firm...
...hooked on those glamour stocks missed some hot plays. Thanks mainly to the economic recovery, some firms in mundane industries were among the big winners. The star performer on the N.Y.S.E. was APL, a once struggling paper-products manufacturer whose fortunes have improved under the direction of Financier Victor Posner. Hesston, a Kansas-based farm-equipment company that makes hay balers and backhoes, harvested healthy earnings from improved tractor sales. Rymer, a little-known company in suburban Chicago, went through a metamorphosis in 1983, going from the furniture business to the food trade. The company's long-neglected stock...